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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (90146)9/28/2002 7:37:15 PM
From: goldsheet  Read Replies (1) | Respond to of 116762
 
> I believe there are two separate demand curves

Agreed, if not more. Cultural differences might result in several regional demand curves, with very different elasticities. Sometimes jewelry is a currency substitute and sometimes just jewelry, and will react depending on buyer/seller perception. Some see the price rise as a reason to invest, some to divest, and some to curtail jewelry demand - it sure is not simple !

> it is a pleasure to receive feedback

Thanks. I usually try to look at both sides, but often since the "pro-gold" side is adequately expressed online I find myself presenting the "anti-gold" side. Doesn't mean I'm anti-gold, just that I'm trying to assemble and talk out the entire situation before making investment decision with my real money



To: Jim Willie CB who wrote (90146)9/28/2002 9:25:38 PM
From: IngotWeTrust  Read Replies (1) | Respond to of 116762
 
And you limit your "demand curves" to just two for exactly what reason now? Adornment and investment diversity?

How about all the other "demand curves" such as:
...gold as coinage
.....balance of payments settlements of export credits
.......international transactions between central banks
.........e-gold currency reserves such as islamist driven gold dinar
............and I'm jsut getting warm...

Just which of the above "omitted/deprecated demand curves are "inelastic" now?

gold....I'm just getting warmed up....tutor



To: Jim Willie CB who wrote (90146)9/29/2002 6:45:11 AM
From: d:oug  Respond to of 116762
 
edited to deleted